Technicals

Add as a preferred source on Google

FxWirePro- Major European Indices

Germany DAX - 24982 (0.31%) Major resistance- 25200 Near-term resistance - 25000. Minor support - 24735/24480/23900/23600/23400/22900/22700/22300. Trend reversal level- 17000 The pair holds above short-term (34 EMA, 55 E…

1 min read
FxWirePro- Major European Indices
Image from the original EconoTimes article

Read the original article

Germany DAX -  24982 (0.31%)

Major resistance-  25200

 

Near-term resistance - 25000.

 

Minor support - 24735/24480/23900/23600/23400/22900/22700/22300.

 

Trend reversal level- 17000

 

The pair holds above short-term (34 EMA, 55 EMA) and long-term (200 EMA) in the 4-hour chart.

 

Indicators  (4-hour chart)

 

ADX-  Bullish (4-hour chart)

 

CCI (50)- Bullish

 

RSI -69.53 (4-hour chart)

 

 

France CAC - 8200 (-0.51%)

 

Major resistance- 8300

 

Near-term resistance -8260

Minor support-  7900/7800/7750/7645/7600/7520.

Trend reversal level-  7500

 

Indicators

 

 

ADX-  Neutral (4-hour chart)

 

CCI (50) - Bullish (4- hour chart)

 

RSI - 50.35 (4-hour chart)

 

 

 

UK FTSE  - 10126 (-0.16%)

 

Major resistance- 10300

 

Near-term resistance - 10150

 

Minor support-  9850/9740/9680/9650/9600/9500.
`

Trend reversal level- 7535

 

 

Indicators

ADX-  Neutral (4-hour chart)

 

CCI (50) - Bullish (4- hour chart)

 

RSI - 70.59 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560